Bloomberg News Wall Street Reporter Sonali Basak and Bloomberg Intelligence Senior Global Banks Analyst Alison Williams discuss the selloff in global banks. Former FDIC Chair Bill Issac, Chairman of Secura/Isaac, shares his thoughts on the responsibility of regulators for the Silicon Valley Bank meltdown. Katie Thomas, Lead at the Kearney Consumer Institute, breaks down February retail sales and health of the consumer. Peter Atwater, Adjunct Professor of Economics at William & Mary, discusses current market and economic turmoil. Bloomberg Businessweek Editor Joel Weber and Bloomberg News US Economy Reporter Chris Condon the Businessweek Magazine story The SVB Collapse Threatens an Already Fragile Economy. And we Drive to the Close with Phil Toews, CEO at Toews Asset Management.
Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan.